A sum of money lent out at simple interest amounts to Rs 720 after 2 years and Rs 1020 after a further period of 5 years. Find the principal.

A sum of money lent out at simple interest amounts to Rs 720 after

1.	A sum of money lent out at simple interest amounts to Rs 720 after 2 years and Rs 1020 after a further period of 5 years. Find the principal.
A.	Rs 120
B.	Rs 6000
C.	Rs 600
D.	Rs 1740
Answer» D. Rs 1740

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A sum of money lent out at simple interest amounts to Rs 720 after 2 years and Rs 1020 after a further period of 5 years. Find the principal.

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